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    Tax rates

    Hi all,

    I am brand new on the forum and will be introducing myself in the Meet & Greet forum.

    I have just registered a CC for the purposes of soliciting coprporate funders to utilise their CSI budget to sponsor disadvantaged schools with educational maths software (Gr8 to 12).

    In working with the company that supplies the software, my cc will be earning a % comm on the deal value.

    I have also hired 2 sales teams to assist with securing deals. They will be paid on a comm basis only. Also, they are not employees of the cc but contractors.

    Forgive me if the following questions sound simple, but I need some guidance please

    1. What tax rate would I need to apply to the sales staff member? Is there a contractor tax rate vs employee tax rate? PLease assist here.
    2. Also, what are these rates?
    3. Regarding the cc, what tax rate does the cc pay? Again, is there the cc tax table? Please explain the 29% company (cc) tax rate and when does this apply?
    4. Does the contractor apply for provisional tax or do I apply tax as per tax tables. Any insights here most appreciated.


    Thanks for any assistance. I hope to contribute in the other sections with time.
    Last edited by Dave A; 23-Aug-09 at 07:17 PM.

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